The United Nations’ Food and Agriculture Organization’s Food Price Index fell 1.2% to 125.1 points in November, marking a third consecutive monthly decline and a new low level since January.
A Grow It Here report released Monday indicates the agricultural labor shortages impacting the American farm industry is impacting producers and pushing prices higher for traditional Thanksgiving foods.
Rabobank says food inflation continues to outpace overall inflation, and restaurants feel the pressure of nine straight quarters of declining traffic, but some chains are bucking the trend and growing in visits and spending.
In the first six months of 2025, retail prices for six food-at-home categories grew more slowly than their average rate of growth over the same months between 2005 and 2024, and prices fell in two categories.
As Americans nationwide gear up to celebrate Independence Day, families planning a cookout celebration should plan to spend about the same as they did last year.